Tate & Lyle profits jump 85% as weak pound provides boost
British ingredient supplier Tate & Lyle has reported an 85% increase in profit before tax, putting the successful performance down to higher sales, a weak pound and fewer exceptional costs.
News & Analysis on Food & Beverage Development & Technology
British ingredient supplier Tate & Lyle has reported an 85% increase in profit before tax, putting the successful performance down to higher sales, a weak pound and fewer exceptional costs.
More than half of US consumers expect companies to fully address a recall or foodborne illness within one to two days, according to a FoodLogiQ survey.
It is time again to dig out your preferred online translation tool, contact colleagues abroad or buy a phrase book as we look at news from food safety agencies wider than English-speaking ones.
Europe is struggling to get to grips with rising obesity levels because politicians are distracted by single policies and industry lacks the level playing field that regulation can create, says Richard Dobbs, author of the McKinsey report.
The link between moderate chocolate intake and lower risk of irregular heartbeat may be due to chocolate’s flavanol content, say researchers.
The action of trans-fatty acids may be more damaging to cells than previously thought, as a study reveals the mechanism by which cell death occurs faster, leading to atherosclerosis, heart attacks and strokes.
Romanian meatpacker CIA Aboliv to post revenue of €18 million in 2017 - an increase of 20%from last year - and raise the share of exports in its sales to up to 15%, according to senior company representatives.
Russia’s veterinary body Rosselkhoznadzor has prohibited poultry exports from six regions, where highly pathogenic avian influenza (AI) has been detected.
Food processors could drive down costs by following the model designed by car manufacturer Toyota in the 1950s, according to a leading supply chain expert.
UK food manufacturers faces a shortage in labour skills and manpower fuelled by Brexit and low numbers of young people choosing the sector as a career, say food policy experts.